Market in/near Navarre, Florida
Can anyone speak to the current market in/near Navarre, Florida?
Specifically, the viability of flipping and/or implementing the brrrr strategy.
I have boots on the ground but not sure about the market conditions.
Thanks in advance.
Most Popular Reply
Brian,
The market in Navarre is always pretty decent. Plenty of members of the military looking to rent/buy in the spring and summer. The fall/winter may be the times when you see prices fall off a little. Inventory (retail) is low right now- the average sale price has increased since last year. One deterrent is the traffic. One accident on 98 and you are stuck for a while. People love Holly By the Sea (Subdivision). I noticed a few block homes on 98 that looked abandoned in that area a couple weeks ago. Probably 6 on a half acre. Several bay front multifamily units that really needed some help.